Why UnitedHealth Stock Flopped on Friday

While investors love when one of their companies beats analyst estimates, it's not always the case that its stock rises in reaction. That was the case Friday with big health insurance company UnitedHealth (UNH -3.37%), whose share price closed more than 3% lower following the release of its latest quarterly results. That contrasted poorly with the S&P 500 index, which rose marginally on the day.UnitedHealth posted growth in its fourth quarter, but...For its final quarter of 2023, UnitedHealth booked revenue ...